Bank reconciliation after new fiscal year

SUGGESTED

I am waiting for YE adjustments from our accountant, so I didn't post my last reconciliation (October) - I was told not to post last reconciliation until I have all YE (I don't know why).  

I already started new fiscal year. If I post it now, and I will need to make changes, will I be able to reverse it?

Thank You

  • 0
    SUGGESTED

    Hi 

    Thanks for reaching out. It is possible to post a bank reconciliation dated in the previous fiscal year as you can work with two years of data in Sage 50 CA.

    This article advises to ensure that: 

    • You can post a bank reconciliation with a statement date that is in the current and previous fiscal years as long as Setup, Settings, Company, System, Do not allow transactions dated before: is unchecked.

    Hope this helps!

    Warm Regards, 
    Erzsi